Saturday, April 9, 2016

The Panama Papers: How the rich and famous hide their money

The financial secrets of the rich and powerful have been exposed in one of the biggest data leaks in history. Multiple media, including France's Le Monde, came out on Sunday night with a global investigation into offshore accounts and shell companies. Among the people named in the files are scores of politicians from more than 50 countries. When plutocrats and terror networks alike move money with such ease, why haven't loopholes closed? Why is so much money still moving under the radar?